https://www.taxtmi.com/caselaws?id=23886 The High Court held that expenses on refreshments during director meetings, even if the directors were also employees, would be covered by section 37(2A) of the Income-tax Act. The Court emphasized adherence to statutory provisions, ruling in favor of the Revenue and setting aside the Tribunal's decision. Each party was left to bear their own costs. en-us Wed, 19 Apr 1989 00:00:00 +0530 Fri, 15 Jan 2010 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23886 The High Court held that expenses on refreshments during director meetings, even if the directors were also employees, would be covered by section 37(2A) of the Income-tax Act. The Court emphasized adherence to statutory provisions, ruling in favor of the Revenue and setting aside the Tribunal's decision. Each party was left to bear their own costs. Case-Laws Income Tax Wed, 19 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23886